IndyMac Bank News

second-largest hit since the financial crisis began. The costliest was the July 2008 seizure of big California lender IndyMacBank , on which the insurance fund is estimated to have lost $10.7 billion. The largest U.S. bank failure ever also

fund around $70 billion through 2013. The bank failure costliest to the fund came in July 2008 with the seizure of IndyMacBank . The insurance fund is estimated to have lost $10.7 billion on the closure of the big California lender. The largest

fund around $70 billion through 2013. The bank failure costliest to the fund came in July 2008 with the seizure of IndyMacBank . The insurance fund is estimated to have lost $10.7 billion on the closure of the big California lender. The largest

second-largest hit since the financial crisis began. The costliest was the July 2008 seizure of big California lender IndyMacBank , on which the insurance fund is estimated to have lost $10.7 billion. The largest U.S. bank failure ever also

second-largest hit since the financial crisis began. The costliest was the July 2008 seizure of big California lender IndyMacBank , on which the insurance fund is estimated to have lost $10.7 billion. The largest U.S. bank failure ever also

second-largest hit since the financial crisis began. The costliest was the July 2008 seizure of big California lender IndyMacBank , on which the insurance fund is estimated to have lost $10.7 billion. The largest U.S. bank failure ever also

second-largest hit since the financial crisis began. The costliest was the July 2008 seizure of big California lender IndyMacBank , on which the insurance fund is estimated to have lost $10.7 billion. The largest U.S. bank failure ever also

When ANB Bank of Arkansas failed last year, it was easy to blame executives whose pursuit of high-adrenaline growth led to the bank's demise. But now other key culprits have emerged in ANB's collapse: the government officials who were supposed to be policing the bank. The inspectors general at the

Corp.'s insurance fund $4.9 billion. It's the costliest hit since last year's seizure of California lender IndyMacBank that is estimated to have cost $10.7 billion. Bank of America fell 34 cents, or 3%, to $11.07, while Capital

Corp.'s insurance fund $4.9 billion. It's the costliest hit since last year's seizure of California lender IndyMacBank that is estimated to have cost $10.7 billion. BankUnited is the 34th federally insured lender to be closed this

will be $108 million. The country's wave of bank closures — particularly the expensive collapse of California's IndyMacBank — reduced the deposit insurance fund to $18.9 billion as of Dec. 31. That is the lowest level in nearly 25 years

support to withstand a more severe recession. The biggest loss to the insurance fund, $10.7 billion, came from IndyMacBank , the big California-based savings and loan that was closed by the government last July and operated under an FDIC

collapses this year follow 25 failures in 2008, which included two of the biggest savings and loans, Washington Mutual and IndyMacBank . Last year's total was more than in the previous five years combined and up from only three failures in 2007. The

collapses this year follow 25 failures in 2008, which included two of the biggest savings and loans, Washington Mutual and IndyMacBank . Last year's total was more than in the previous five years combined and up from only three failures in 2007. The

biggest bank failures in the nation's history occurred last year and involved thrifts. Pasadena, Calif.-based IndyMacBank collapsed in July and cost the federal deposit insurance fund $10.7 billion and Seattle-based Washington Mutual

nationalization" means. In the strictest sense, the government routinely nationalizes banks when they fail, as it did with IndyMacBank last year, which cost the Federal Deposit Insurance Corp. $8.9 billion. And if the government chooses to take common

nationalization" means. In the strictest sense, the government routinely nationalizes banks when they fail, as it did with IndyMacBank last year, which cost the Federal Deposit Insurance Corp. $8.9 billion. And if the government chooses to take common

nationalization" means. In the strictest sense, the government routinely nationalizes banks when they fail, as it did with IndyMacBank last year, which cost the Federal Deposit Insurance Corp. $8.9 billion. And if the government chooses to take common

nationalization" means. In the strictest sense, the government routinely nationalizes banks when they fail, as it did with IndyMacBank last year, which cost the Federal Deposit Insurance Corp. $8.9 billion. And if the government chooses to take common

the deposit insurance fund will lose as much as $40 billion, including an $8.9 billion loss from the failure of IndyMacBank last July. To replenish the fund — which now stands at a five-year low of about $35 billion — the agency has raised

part, on a formula that FDIC Chairwoman Sheila C. Bair has been using to help homeowners with mortgages at the failed IndyMacbank . Bair, through the government's takeover of IndyMac, has done more than 10,500 such loan modifications. The

more than $40 billion in losses to the deposit insurance fund, including an $8.9 billion loss from the failure of IndyMacBank last July. The agency has raised insurance premiums paid by banks and thrifts to replenish its fund, which now stands

fund the institution with more capital or take over the bank and sell it to private investors as it did in the case of IndyMacBank . Fund for bad assets The Federal Reserve and the FDIC will partner with the private sector to create a market to buy

fund the institution with more capital or take over the bank and sell it to private investors as it did in the case of IndyMacBank . Fund for bad assets The Federal Reserve and the FDIC will partner with the private sector to create a market to buy

fund the institution with more capital or take over the bank and sell it to private investors as it did in the case of IndyMacBank . Fund for bad assets The Federal Reserve and the FDIC will partner with the private sector to create a market to buy

more than $40 billion in losses to the deposit insurance fund, including an $8.9 billion loss from the failure of IndyMacBank last July. The agency has raised insurance premiums paid by banks and thrifts to replenish its fund, which now stands

foreclosure. Mr. Harper is recently disabled. Since last summer the Harpers have been trying without success to get IndyMacbank to modify their mortgage so they can make their monthly payments. "We worked hard for this," Mrs. Harper told ABC

Inspector General Eric Thorson announced in November his office would probe how a Savings and Loan overseer allowed the IndyMacbank to essentially cook its books, making it appear in government filings that the bank had more deposits than it really

Treasury Department Inspector General Eric Thorson announced in November his office would probe how Dochow allowed the IndyMacbank to essentially cook its books, making it appear in government filings that the bank had more deposits than it really

300,000 became affordable to millions of families. The failed titans of home lending — Countrywide Financial, IndyMacBank and Washington Mutual — specialized in high-risk, highly leveraged loans. "The price correction has been severe

Citigroup will modify mortgages to help people avoid foreclosure along the lines of an FDIC plan that was put into effect at IndyMacBank , a major failed savings and loan based in Pasadena, Calif. Under the IndyMac plan, struggling home borrowers pay

Federal Deposit Insurance Corporation's mortgage modification program. The FDIC's program is currently in place at IndyMacBank in California, a failing institution that the FDIC took over earlier this year. The agency's IndyMac mortgage modification